Dec. 28 at 2:50 AM
I’m watching the
$FMST 8h apex compress after the recent 9% dip. RSI has successfully reset from the overbought abyss, and the stock is printing a high-conviction "Higher Low" (HL) right on the
$2.32 volume shelf. Tickeron notes a 90% historical success rate when the MACD curls from these levels.
The Setup: Textbook retest of the weekly breakout zone. We need that high-volume "push" through
$2.58 to confirm the low is in.
Bull Level: Reclaiming the
$3.73 macro ceiling opens the door to a retest of the
$5.74 highs.
Bear Level: The
$2.19 long-term support is the absolute exit. Stay disciplined.
Conviction: Trading at a 1.5 P/B ratio while the "clean energy" super-cycle enters maximum velocity. 🚢📉 #hovdid
